Bill > HF374

This bill provides funding for town roads and bridges by appropriating $35,000,000 from the state bond proceeds fund, which will be distributed by the Commissioner of Transportation according to existing state law. The funding is specifically allocated with $25,000,000 designated for town roads and $10,000,000 for town bridges. To generate these funds, the Commissioner of Management and Budget is authorized to sell and issue state bonds up to $35,000,000, following established procedures outlined in Minnesota Statutes and the state constitution. The bonds will be sold according to standard state financial regulations, ensuring that the necessary funds are raised to support infrastructure improvements in towns across Minnesota. The bill becomes effective immediately after it is enacted, allowing for prompt implementation of the road and bridge funding program.

Budget and Finance

https://www.revisor.mn.gov/bills/bill.php?b=House&f=HF0374&ssn=0&y=2025